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  • Not enacted
    The President has not signed this bill
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      senate Committees
      Senate Committee on Finance
    IntroducedMarch 18th, 2010

Bill Details

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Low Income Housing Tax Credit Recovery Act of 2010

Official Title

A bill to amend the Internal Revenue Code of 1986 to provide special rules for treatment of low-income housing credits, and for other purposes.


Low Income Housing Tax Credit Recovery Act of 2010 - Amends the Internal Revenue Code, with respect to the low-income housing tax credit, to allow: (1) a five-year carryback period for unused tax credit amounts; (2) an extended carryback period for new investments in housing in 2010 and 2011; and (3) a full offset of such credit against regular income tax liability.

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